The Basics of Business Banking Litigation, Default, Workout, Repossession, Foreclosure and Bankruptcy: A Secured Lender's Perspe

Training Provided by Lorman Education Services Protect your organization - know the ins and outs ofbankruptcy from the creditor's perspective. Register for this information-packed seminar and get an overview of common legal issues arising in defaulted loan situations involving secured business loans. Hear about the latest trends in lien avoidance. Get all your toughest questions answered regarding automatic stay issues. We'll show you how to overcome any obstacles you may encounter - including issues surrounding reaffirmation. Whether you are new to the field or have years of experience, you'll walk away with the ability to confidently handle every challenge you face. Benefits for You - Increase your awareness of initial default strategies and workout techniques - Learn the basic rules governing a secured lender's repossession and foreclosure of personal property under revised UCC Article 9 - Get an overview of the basic rules governing the appointment of receivers and the foreclosure of real estate - Hear about the basic exemption and related rules that shield the debtor's assets from creditor claims - Find out how an automatic stay can affect a bank's collection efforts

The Basics of Business Banking Litigation, Default, Workout, Repossession, Foreclosure and Bankruptcy: A Secured Lender's Perspe Agenda

This seminar will be presented by

James A. Bartholomew, CPA, Certified Turnaround Professional, Daniel C. Beck, Christopher A. Camardello, Mark J. Mrnak and Michael A. Rosow.

8:00 am - 8:30 am Registration

8:30 am - 8:45 am Overview

8:45 am - 9:15 am Avoiding Lender Liability

9:15 am - 9:45 am Banking Litigation Basics

9:45 am - 10:15 am Lien Priority

- First to File Rules

- Purchase Money Security Interests

- Mechanics Liens and First Visible Improvement

- Race Notice Recording

- Tax Liens

- 45-Day Rule

- Financing Leases

- Consignments

10:15 am - 10:25 am Break

10:25 am - 11:15 am Real Estate Foreclosure and Receivership Basics

- Preliminary Considerations and General Information

- Foreclosure by Advertisement

- Foreclosure by Action

- Reinstatement, Redemption and Deficiency

- Voluntary Foreclosure and Deeds in Lieu

- Receivership

11:15 am - 12:00 pm Repossession and Foreclosure of Personal Property

- Collection and Enforcement Rights Against Account Debtors and Others

- Repossession (Self-Help vs. Claim and Delivery)

- Foreclosure Options

- Liability for Noncompliance

- Waivers

12:00 pm - 1:00 pm Lunch (On Your Own)

1:00 pm - 1:50 pm Real-Life Receiver Examples

- Use of Receiverships to Assist in Repossession and Foreclosure of Non-Real Estate Collateral

1:50 pm - 2:20 pm Forbearance Agreements and Strategies

2:20 pm - 3:00 pm Common Bankruptcy Questions and Answers

- What Type of Bankruptcy Case Is It?

- How Does the Automatic Stay Affect the Bank's Collection Efforts?

- When Do I Get Paid and Can the Debtor Restructure My Loan?

- What Can the Debtor Do With My Collateral, Including Cash Collateral?

3:00 pm - 3:10 pm Break

3:10 pm - 4:30 pm Common Bankruptcy Questions and Answers (Continued)

- Can the Debtor Avoid My Lien?

- Do Bad Debtors Get a Discharge?

- What Property Is Exempt?

- Can I Make a Post-Petition Loan?

- How Does Reaffirmation Work?

About The Training Provider: Lorman Education Services

More Banking Training from Lorman Education Services

• Bankruptcy Preferences
• Commercial Real Estate Finance in Challenging Times
• Complying With Federal and State Mortgage Lending Laws, and Other Developments in the Mortgage Market
• Current Issues in Construction Lending
• Current Trends in Green Lending
• Designing Effective Interest Rate Risk Management in Turbulent Times
• Document Retention and Destruction Policies for Financial Institutions
• Enabling Loan Processes with Paperless Files
• FCRA and FACT Act Regulatory and Litigation Update 2009
• FDIC's Role When a Financial Institution Fails: What Businesses and Bankers Need to Know
• IRA Rollovers and Transfers: Common Portability and Processing Concerns
• New Rules and Formats for International ACH Transactions
• Payment Fraud
• Recent Developments With Loan Syndications
• Strategies Short of Foreclosure: Real Estate Short Sales and Beyond
• The Uniform Commercial Code Article 9 Update